OFF MARKET

287 Penquite Road
Norwood TAS 7250

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
Floor area: 230m2
Land area: 47842m2
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Property Details for 287 Penquite Rd, Norwood

287 Penquite Rd, Norwood is a 5 bedroom, 2 bathroom House with 3 parking spaces and was built in 2017. The property has a land size of 47842m2 and floor size of 230m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
2017
Floor Size
230m2
Land Size
47842m2
Local Government
Launceston
Lot/Plan
1/31253

Last Listing description (September 2022)

Only one word - unique is required to summarise this remarkable property. Nevertheless, let us describe just some of its dynamic dimensions and desirable details! Spectacular in both scale and style, some 4.7811 hectares approx. (11.81 acres) over two titles is clearly a significant land holding, but what makes this address even more memorable is that such a large block is located so brilliantly, conveniently close to schools, shopping and Launceston's city centre.

While everything is readily reached, a great sense of escape is created as you ease along the long, private driveway to arrive at a sensationally renovated family residence featuring great ground level spaces that flow seamlessly to spectacular outdoor entertaining areas.

A kitchen designed with catering to great occasions and to meeting everyday demands with exceptional efficiency makes its own contribution to this memorable home where four luxurious bedrooms are served by two impressively appointed bathrooms, including a majestic main bedroom with a walk-in robe and ensuite.

Gorgeous gardens and a productive private orchard provide sublime surroundings on a site that also offers a beautiful boutique vineyard producing pinot gris on some 5,000m2 of 5 year old vines about to produce their third vintage and approximately 720m2 of tempranillo with an initial vintage expected this year.

The presence of a new, vertical timber barn with mezzanine could make the perfect cellar door adding to the profile of the winery and enhances the ability of this amazing property to deliver lifestyle success accompanied by a commercial aspect in a way that makes irresistible sense. It's the ultimate example of work/life balance with refinement and romance to match!

This property is currently leased until May 14th 2023 at $800 p/w

The information on this website has in part been supplied to Harrison Agents Pty. Ltd. by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties. Harrison Agents Pty. Ltd. has not checked the accuracy of the information and does no more than pass it on.

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Property History for 287 Penquite Rd, Norwood, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$2,450,000
12 Apr 2022
Listed for Rent
$800/w
08 Jan 2020
  • 12 Apr 2022
    Sold for $2,450,000
  • 24 Feb 2022
    Listed for Sale Expressions of Interest
  • 13 Dec 2019
    Listed for Rent $800 / week
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About Norwood 7250

The size of Norwood is approximately 3.7 square kilometres. It has 10 parks covering nearly 6% of total area. The population of Norwood in 2011 was 3,794 people. By 2016 the population was 3,757 showing a population decline of 1.0% in the area during that time. The predominant age group in Norwood is 60-69 years. Households in Norwood are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Norwood work in a professional occupation. In 2011, 78.5% of the homes in Norwood were owner-occupied compared with 77.2% in 2016.

Norwood has 1,625 properties. Over the last 5 years, Houses in Norwood have seen a 71.77% increase in median value, while Units have seen a 61.19% increase. As at 31 August 2024:

  • The median value for Houses in Norwood is $632,690 while the median value for Units is $406,120.
  • Houses have a median rent of $520 while Units have a median rent of $410.
There are currently 6 properties listed for sale, and no properties listed for rent in Norwood on OnTheHouse. According to CoreLogic's data, 67 properties were sold in the past 12 months in Norwood.

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